About Ciie Regional Innovation Foundation
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Ciie Regional Innovation Foundation is a private not for profit company based in Ahmedabad, Gujarat, India, a subsidiary of Ciie Initiatives. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 04 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U85300GJ2018NPL101628.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1,000. It is led by directors including Chintan Bakshi and Amit Girdhar Karna.
Its last annual general meeting (AGM) was held on 08 July 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ciie Building Iim – Ahmedabad New Campus Vastrapur, Gujarat, India – 380015.
As per the financials filed for FY 2026, the company reported a revenue of ₹3.25 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹2.81 Cr (net margin 86.5%) and EBITDA of ₹2.82 Cr (EBITDA margin 86.7%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years.
For more details, the company can be reached via its website ciie.co.
Company details
Contact details
Ciie Regional Innovation Foundation's registered office is in Ahmedabad, Gujarat. Its website is ciie.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressCiie Building Iim – Ahmedabad New Campus Vastrapur, Gujarat, India – 380015
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Ciie Regional Innovation Foundation, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Ciie Regional Innovation Foundation is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities |
To see the full business activity and turnover split of Ciie Regional Innovation Foundation, buy the company report.
Financials of Ciie Regional Innovation Foundation
FY 2026 filings availableCiie Regional Innovation Foundation reported revenue of ₹3.25 Cr (up 41% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 39% over three years, including 41% growth in the latest year. EBITDA rose 104% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Total Revenue | ₹3.25 Cr | ||||
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| EBITDA | ₹2.82 Cr | ||||
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| Net Profit (PAT) | ₹2.81 Cr | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | |||||
| EBITDA Margin | 86.7% | ||||
| Net Profit Margin | 86.5% | ||||
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To see the full financial statements and ratios of Ciie Regional Innovation Foundation, buy the company report.
Board of directors of Ciie Regional Innovation Foundation
Ciie Regional Innovation Foundation has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chintan Bakshi | Director | 22 Jun 2019 | 7 Years 4 Months | Current |
| Amit Girdhar Karna | Director | 04 Apr 2018 | 8 Years 7 Months | Current |
| Ankur Sinha Also directs: Ciie Initiatives | Director | 22 Jun 2019 | 7 Years 4 Months | Current |
| Neharika Vohra | Director | 04 Apr 2018 | 8 Years 7 Months | Current |
| Saneaben Razzahusen Vakaliya | Director | 22 Jun 2019 | 7 Years 4 Months | Current |
| Vipulkumar Vitthalbhai Patel | Director | 22 Jun 2019 | 7 Years 4 Months | Current |
Auditor
Ciie Regional Innovation Foundation is audited by SORAB S. ENGINEER AND CO. for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SORAB S. ENGINEER AND CO. | FY 2026 | 110417W |
Shareholding
The shareholding of Ciie Regional Innovation Foundation is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ciie Regional Innovation Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Ciie Regional Innovation Foundation are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ciie Regional Innovation Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ciie Regional Innovation Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ciie Regional Innovation Foundation has 10 board changes on record since 2018: 6 appointments and 4 cessations. The latest: Ankur Sinha ceased to be Additional Director on 26 Aug 2019.
1 earlier event is in the company report.
News
Frequently asked questions
Ciie Regional Innovation Foundation is an active private not for profit company based in Ahmedabad, Gujarat, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 04 April 2018 (8+ years old) and is registered under CIN U85300GJ2018NPL101628.
Ciie Regional Innovation Foundation has 6 current directors:
- Chintan Bakshi - Director
- Amit Girdhar Karna - Director
- Ankur Sinha - Director
- Neharika Vohra - Director
- Saneaben Razzahusen Vakaliya - Director
- Vipulkumar Vitthalbhai Patel - Director
The latest financial statements of Ciie Regional Innovation Foundation on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 08 July 2025. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Ciie Regional Innovation Foundation is U85300GJ2018NPL101628. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ciie Regional Innovation Foundation was incorporated on 04 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ankur Sinha ceased to be Additional Director on 26 Aug 2019. Chintan Bakshi ceased to be Additional Director on 26 Aug 2019. Saneaben Razzahusen Vakaliya ceased to be Additional Director on 26 Aug 2019. Ciie Regional Innovation Foundation has 10 board changes on record in total.
Ciie Regional Innovation Foundation can be reached through the website ciie.co. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Ciie Regional Innovation Foundation is at Ciie Building Iim – Ahmedabad New Campus Vastrapur, Gujarat, India – 380015.
Ciie Regional Innovation Foundation operates in the travel and hospitality industry, in the consumer professional services segment.
Ciie Regional Innovation Foundation is registered under the jurisdiction of the Registrar of Companies (ROC), Ahmedabad.
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